Taking the Cash Out of
Cannabis: MoneyTrac Technology Begins Implementation of
MTRAC
San
Diego, CA -- April
12, 2018
-- InvestorsHub
NewsWire
-- Global Payout Inc.
(OTCPink:
GOHE) ("Global") is pleased to announce that, MoneyTrac
Technology, Inc.
("MTRAC", the "Company"), of which
Global is a
significant shareholder (currently
18%
ownership) announced
today that it has begun
accepting applications from qualified merchants operating within a
variety of "alternative" and "high-cost" industries for the use of
the MTRAC payment platform that is powered by GreenBox
blockchain technology
and which serves as the foundation of the Company's "Key to
CashlessTM" service platform.
In
preparation for the official launch of the MTRAC payment platform,
the Company has positioned a demo kiosk in its corporate sales
office located in Ocean Beach, CA and is currently showcasing the
platform to interested merchants and companies by appointment only.
The MoneyTrac
sales
team is also currently at full force to help facilitate the
anticipated successful launch of MTRAC across multiple markets in
California as well as other states where recreational cannabis is
legal and where legally compliant businesses are in dire need of
viable solutions that are designed to remove cash from their
day-to-day operations. Additionally, the Company is in talks with
several local municipalities to implement the MTRAC payment system
as the preferred method for licensed dispensaries in their
jurisdictions as it offers one of the most effective cashless
alternatives to these businesses and in a manner that meets all
compliance and regulatory requirements.
Said
MTRAC CEO, Vanessa Luna: "This launch represents the culmination of
the work our team has been doing over the last year and a half. We
are extremely excited to be getting this payment platform off the
ground and we plan to pay special attention to marketing and
recruiting local governments and municipalities to adopt the
technology as a means for both regulating legal cannabis sales and
tracking it for tax purposes. The power of this payment system
cannot be overstated, it is a one-of-a-kind service offering that
no other company can match, offering cashless transactions,
inventory tracking, fully integrated Point of Sale and one click
payroll capabilities and is very much the solution the cannabis
industry has been waiting for."
About Global Payout, Inc. (OTC Pink:
GOHE)
Since
the Company's inception in 2009, Global Payout, Inc. has been a
leading provider of comprehensive and customized prepaid payment
solutions for domestic and international organizations distributing
money worldwide. In 2014, Global introduced its first online
payment platform called the Consolidated Payment Gateway (CPG),
which allowed its enterprise clients to transfer money to
international bank accounts, mobile accounts, and prepaid card
accounts. The development of the CPG became the foundation for the
introduction of its new, state of the art FINTECH payment system in
2017, for both online and mobile applications to allow account
holders to maximize an expanded suite of financial services and
minimize operational costs. Global will continue to offer their
FINTECH payment system to many vertical markets for support of
foreign currency exchange and digital currency, including ongoing
support of the banking industry and international
governments.
About MoneyTrac
Technology
MoneyTrac
Technology, Inc.
(MTRAC) is a "New Age Technology Holding Company" offering a
full-service solution for alternative banking and electronic
financial marketplace with technology offerings including Payment
Platform, Blockchain, Crypto-Commodity Exchange, Compliance, POS,
E-Wallet, Mobile Application and Digital Payment Solutions for
businesses and companies in various "high-costs of banking"
industries. MTRAC offers additional suites of services ranging from
business development, sales and marketing, to digital and print
advertisement. We are One Network disrupting the status quo. It is
MTRAC'S creative vision to create a "The New Age of Currency" by
bringing innovative technology solutions to various industries and
providing the "Key to
CashlessTM".
Forward-Looking Statements Disclaimer:
This
press release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended.
In some cases, you can identify forward-looking statements by the
following words: "anticipate," "believe," "continue," "could,"
"estimate," "expect," "intend," "may," "ongoing," "plan,"
"potential," "predict," "project," "should," "will," "would," or
the negative of these terms or other comparable terminology,
although not all forward-looking statements contain these words.
Forward-looking statements are not a guarantee of future
performance or results, and
will not
necessarily be accurate indications of the times at, or by, which
such performance or results will be achieved. Forward-looking
statements are based on information available at the time the
statements are made and involve known and unknown risks,
uncertainty and other factors that may cause our results, levels of
activity, performance or achievements to be materially different
from the information expressed or implied by the forward-looking
statements in this press release. This press release should be
considered in light of
all
filings of the Company that are contained in the Edgar Archives of
the Securities and Exchange Commission at www.sec.gov.
Public Relations and Media Contact:
Global
Payout
www.GlobalPayout.com
619.795.5810
Office
Information@GlobalPayout.com
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